[ad_2][ad_1] Investors in gold are becoming anxious, as the prices of the precious metal have fallen sharply since a number of vaccine companies revealed drugs to fight the coronavirus. The price of one ounce of fine gold is valued at $ 1,770 per unit after the precious metal posted its …
Read More »3 reasons why traders now expect Bitcoin to hit $ 13K before a new rally
[ad_2][ad_1] The price of Bitcoin (BTC) consolidated above $ 17,000 on November 28 following a major correction from $ 19,400. In the short term, traders expect the dominant cryptocurrency to see another steep decline. There are three main reasons why traders expect a deeper decline in the near future, namely …
Read More »Record Open Interest In $ 7.4 Billion Bitcoin Futures Shows Professionals Still Expect $ 20K BTC
[ad_2][ad_1] The price of Bitcoin (BTC) failed to break above the $ 20,000 level this week, but there were several records related to volume and open interest up to $ 19,484. A notable achievement was the open interest on aggregate futures contracts which reached $ 7.4 billion in derivatives trading. …
Read More »The benefits of ETH 2.0 will come faster than people expect, Vitalik says in AMA
[ad_2][ad_1] Ethereum co-founder Vitalik Buterin recently answered a series of community questions as part of a “ask me anything” or AMA session on Reddit. During the AMA, hosted by the Ethereum Foundation’s ETH 2.0 research team, Buterin said he expects notable network improvements sooner rather than later. “TLDR: Merge happens …
Read More »Bitcoin Weekly Outlook: Expect unstable trading near $ 16,000
[ad_2][ad_1] The past few weeks have seen a slew of Bitcoin analysts demanding a rise towards $ 16,000, a level that was last tested in January 2017 during a corrective downtrend from its all-time high near $ 20,000. The cryptocurrency breached $ 16,000 on November 11, 2020. Some traders sold …
Read More »Analysts expect Ethereum’s price to skyrocket due to solid fundamentals
[ad_2][ad_1] According to Santiment, ETH trading funds hit a two-year low. The total value frozen in the DeFi sector has exceeded the previous all-time high. Over the past 30 days, Ethereum has shown the highest profits in the top 10 by market capitalization with 22.23%. Exceeded only by Bitcoin (40.17%), …
Read More »A Bitcoin Whale Just Shorted $ 100M BTC – Big Holders Expect a Bigger Drop?
[ad_2][ad_1] A Bitcoin (BTC) whale placed a $ 100 million short on Bybit, according to the pseudonym trader CL. It comes after various data on the chain point to a whale-driven sell-off over the past week. While Bitcoin’s momentum remains strong, there are many reasons that make $ 16,000 an …
Read More »3 reasons why traders expect Ether price to rise above $ 500 in 2020
[ad_2][ad_1] On November 6, the price of Ether (ETH) jumped to $ 447 on Binance while the price of Bitcoin (BTC) returned to the $ 15,500 level after losing around $ 15,900. Based on Ether’s strong momentum, traders expect a broader rally to emerge in the near term. There are …
Read More »Don’t expect another 2017-style altseason as Ethereum continues to plummet relative to Bitcoin
[ad_2][ad_1] While Bitcoin (BTC) is showing strength through new higher highs and making a new yearly high, Ethereum’s Ether (ETH) is showing weakness, especially the ETH / BTC pair. The weakness of ETH is also a clear indication that most altcoins are not showing strength as they tend to reflect …
Read More »Bitcoin chain data suggests miners expect halving to raise BTC price
[ad_2][ad_1] As the coronavirus pandemic continues to unfold and new signs of blocks slowly starting to lift in Europe, all eyes in the crypto community have returned to the Bitcoin (BTC) halving. There are only 10 days left until the event and Bitcoin’s price appears to be acting accordingly, having …
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